Wellmax

Emily

5-10% Price Hike for LED Chips

Shortage Caused by Explosive Growth in Mini LED Demand to Result in 5-10% Price Hike for LED Chips

While major OEMs such as Apple and Samsung prepare to release their new notebook computers, tablets, and TVs that are fully equipped with Mini LED backlights this year, various companies in the LED supply chain began procuring Mini LED chips ahead of time in 4Q20, leading to an explosive demand growth for these chips, which …

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2021 Global LED Lighting Market

TrendForce: 2021 Global LED Lighting Market Outlook

According to the latest TrendForce’s report ‘2021 Global LED Lighting Market Outlook: Light LED and LED Lighting Market Trend (1H21)’, the global LED lighting market is more optimistic than previous estimates, it is estimated with an opportunity to grow 5.1% in 2021. In the short term, due to the rapid spread of COVID-19 around the …

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new Erp Regulation

Partnership with EU Notified Bodies, WELLMAX Lab Upgraded for New ErP Regulation

Last week, the third party authorities DEKRA and TÜV SÜD, sent their engineers to our office to give us detailed technical guidance on the new Erp Regulation (EU) 2019/2020 and Energy Efficiency Labelling Regulation (EU) 2019/2015 which will be enforced on September 1st, 2021. According to the authorities’ advice and the changes from new regulations …

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Sunflower LED Downlight

The Annual Sales of Sunflower Downlight Reached 6 Million PCS

Beyond our expectation, Sunflower downlight delivered incredible results in 2020 despite the influence of the epidemic. More than 6 million pcs have been sold worldwide, 5 times of last year’s. What drives its explosive growth? According to our in-depth market analysis, we found that consumers who have a high demand for brightness generally choose downlights …

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Global Distributor Program

A European Client’s Sales at Top DIY Retailer are Increased Significantly

Due to stable and considerable purchase volume, retail channels such as hypermarkets and DIY chain stores play an important role in the lighting sector. However, most of the international brands or local king brands have occupied the shelves of these channels so it’s difficult for an obscure brand to be chosen by customers. Especially in …

A European Client’s Sales at Top DIY Retailer are Increased Significantly Read More »

Global Distributor Program

With WELLMAX’s Exclusive Support, This Company’s Annual Revenue is Boosted to TOP 5

In the highly competitive LED market, even experienced trading companies will encounter bottlenecks. A leading trading company in Asia was in such a crisis. They are an agent of a top German lighting brand and have developed three of their own lighting brands for different market levels; however, they reflected with us the difficulty in …

With WELLMAX’s Exclusive Support, This Company’s Annual Revenue is Boosted to TOP 5 Read More »